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Restaurant

Salad and Go w/ Dr-Thru | 20Yr NNN Ground Lease | W/in One of the Highest Traffic Retail Nodes in TX

4828 S Cooper St, Arlington (Dallas-Fort Worth MSA), TX 76017

Listing Price: $2,476,190

Cap Rate
5.25%
Tenant Name
Salad and Go
Years Remaining On Lease
19.5
Gross SF
660
Guarantor
Corporate Guarantee
Rentable SF
660
Price/Gross SF
$3,751.80
Lease Type
NNN Ground Lease
Rent Per Square Feet
$196.97

Investment Overview

Arlington is a city in the U.S. state of Texas, located in Tarrant County. It forms part of the Mid-Cities region of the Dallas–Fort Worth–Arlington metropolitan statistical area, and is a principal city of the metropolis and region. According to the U.S. Census Bureau’s 2019 population estimates, the city had a population of 398,854, making it the second-largest city in the county after Fort Worth. Arlington is the 49th-most populous city in the United States, the seventh-most populous city in the state of Texas, and the largest city in the state that is not a county seat. Arlington is home to the University of Texas at Arlington, a major urban research university, the Arlington Assembly plant used by General Motors, the Nuclear Regulatory Commission Region IV, Texas Health Resources, Mensa International, and D. R. Horton. Additionally, Arlington hosts the Texas Rangers at Globe Life Field, the Dallas Cowboys at AT&T Stadium, the Dallas Wings at College Park Center, the International Bowling Campus (which houses the United States Bowling Congress, International Bowling Museum and the International Bowling Hall of Fame), and the theme parks Six Flags Over Texas (the original Six Flags) and Hurricane Harbor.

Investment Highlights

  • 20 Year NNN Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2022 Construction w/ Dual Drive-Thru.
  • Located Within One of the Highest Traffic Retail Nodes in TX - Signalized Hard Corner Location Featuring Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 59k+ Vehicles.
  • Densely Populated and Affluent Area: Features an Average Household Income of $103k+ within a 1-Mile Radius and more than 334k People Residing within a 5-Mile Radius.
  • Directly Across from Walmart Supercenter and near to Numerous other National Retailers including The Home Depot, Hobby Lobby, WinCo, Best Buy, TJ Maxx, Ross, Burlington and more.
  • In Close Proximity to The Parks Mall at Arlington - a 1.1M+ Sq. Ft. Shopping Center featuring more than 170 Specialty Stores, an onsite AMC Theatres and a NHL-size Ice Skating Ring.
  • Minutes from Arlington Municipal Airport - a General Aviation "Reliever" Airport, Providing Corporate, Cargo, and Recreational Pilots a Full-Service Destination.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s) TX: 0606255

    Texas

Financing By

Restaurant

Salad and Go w/ Dr-Thru | 20Yr NNN Ground Lease | W/in One of the Highest Traffic Retail Nodes in TX

Listing Price: $2,476,190

Cap Rate
5.25%
Tenant Name
Salad and Go
Years Remaining On Lease
19.5
Gross SF
660
Guarantor
Corporate Guarantee
Rentable SF
660
Price/Gross SF
$3,751.80
Lease Type
NNN Ground Lease
Rent Per Square Feet
$196.97

Investment Highlights

  • 20 Year NNN Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2022 Construction w/ Dual Drive-Thru.
  • Located Within One of the Highest Traffic Retail Nodes in TX - Signalized Hard Corner Location Featuring Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 59k+ Vehicles.
  • Densely Populated and Affluent Area: Features an Average Household Income of $103k+ within a 1-Mile Radius and more than 334k People Residing within a 5-Mile Radius.
  • Directly Across from Walmart Supercenter and near to Numerous other National Retailers including The Home Depot, Hobby Lobby, WinCo, Best Buy, TJ Maxx, Ross, Burlington and more.
  • In Close Proximity to The Parks Mall at Arlington - a 1.1M+ Sq. Ft. Shopping Center featuring more than 170 Specialty Stores, an onsite AMC Theatres and a NHL-size Ice Skating Ring.
  • Minutes from Arlington Municipal Airport - a General Aviation "Reliever" Airport, Providing Corporate, Cargo, and Recreational Pilots a Full-Service Destination.

Investment Overview

Arlington is a city in the U.S. state of Texas, located in Tarrant County. It forms part of the Mid-Cities region of the Dallas–Fort Worth–Arlington metropolitan statistical area, and is a principal city of the metropolis and region. According to the U.S. Census Bureau’s 2019 population estimates, the city had a population of 398,854, making it the second-largest city in the county after Fort Worth. Arlington is the 49th-most populous city in the United States, the seventh-most populous city in the state of Texas, and the largest city in the state that is not a county seat. Arlington is home to the University of Texas at Arlington, a major urban research university, the Arlington Assembly plant used by General Motors, the Nuclear Regulatory Commission Region IV, Texas Health Resources, Mensa International, and D. R. Horton. Additionally, Arlington hosts the Texas Rangers at Globe Life Field, the Dallas Cowboys at AT&T Stadium, the Dallas Wings at College Park Center, the International Bowling Campus (which houses the United States Bowling Congress, International Bowling Museum and the International Bowling Hall of Fame), and the theme parks Six Flags Over Texas (the original Six Flags) and Hurricane Harbor.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s): TX: 0606255

    Texas

Financing By

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